Western Asset Inflation-Linked Income Fund Declares Monthly Dividend of $0.05 (NYSE:WIA)

Western Asset Inflation-Linked Income Fund (NYSE:WIA) declared a monthly dividend on Tuesday, November 26th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.05 per share by the financial services provider on Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 7.30%. The ex-dividend date is Friday, February 21st.

Western Asset Inflation-Linked Income Fund has raised its dividend by an average of 84.0% per year over the last three years.

Western Asset Inflation-Linked Income Fund Price Performance

NYSE WIA traded up $0.01 on Tuesday, reaching $8.22. 41,463 shares of the stock were exchanged, compared to its average volume of 36,602. The company’s 50-day simple moving average is $8.35 and its two-hundred day simple moving average is $8.19. Western Asset Inflation-Linked Income Fund has a one year low of $7.82 and a one year high of $8.61.

About Western Asset Inflation-Linked Income Fund

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.